The following banks can handle credit cards:
1, national joint-stock banks:
China Everbright Bank, China CITIC Bank, Bank of Communications, Industrial Bank, Industrial and Commercial Bank, China Merchants Bank, Agricultural Bank, China Construction Bank, China Bank, Minsheng Bank, etc.
2. Regional joint-stock banks:
Bank of Beijing, Beijing Rural Commercial Bank, bank of tianjin, Shanghai Bank, Nanjing Bank, Bank of Ningbo, Hangzhou Commercial Bank, Shenzhen Rural Commercial Bank, Wenzhou Bank, Xiamen International Bank, etc.
3. Foreign joint-stock banks:
Citibank, HSBC, Standard Chartered Bank, Bank of East Asia, Hang Seng Bank, ABN Amro, Ortiz Bank, BNP Paribas, American Express Bank, etc.
Credit card installment payment refers to the process that when the cardholder uses the credit card to make a large amount of consumption, the bank pays the consumer funds of the goods (or services) purchased by the cardholder to the merchant in one lump sum, and then the cardholder repays the money to the bank in installments and pays the handling fee.
According to the cardholder's application, the bank deducts the consumption funds and handling fees by stages through the cardholder's credit card account, and the cardholder repays according to the monthly recorded amount.
In the early days of credit card installment business, banks often advertised under the banner of "interest-free", and many citizens were really fooled. In fact, interest-free is not free, just a different name.
Generally speaking, the handling fee of credit card installment 1 year is lower than the annual cash withdrawal interest 18%, and higher than the bank commercial loan interest 1 year 5.3 1%. It is worth mentioning that in recent years, the loan interest rate of commercial banks has been lowered many times, but the standard of credit card installment fee and cash withdrawal interest has rarely changed. Although different banks have different standards for credit card installment fees, the calculation method is roughly the same.
Suppose the installment amount is 1, 200 yuan, divided into 12 installments, and each installment (month) repays 1 0,000 yuan, and the handling fee is 0.6%/ month. The actual monthly deduction is 1 006,5438+0,200×. If other factors are not considered, the convertible nominal annual interest rate is 7.2%. But the cardholder did not always owe the bank 1.200 yuan. In the last month, he actually only owed the bank 1 1,000 yuan, but the bank still charged the handling fee according to 1, 200 yuan.
According to the calculation, the actual annual interest rate that the cardholder has to pay is about 15.48%. According to the correct calculation formula, it should be12000.6% (10.6%)12/(10.6%)12-1) =/kloc-.
The main benefits of credit card installment payment:
Enjoy first, then pay.
Without a guarantor, the procedure is simple.
Fixed time and easy payment.
Free of payment and monthly repayment.
More room to choose payment methods.
Which of the top five banks has the best credit card?
ICBC credit card, BOC credit card, CCB credit card, ABC credit card, Bank of Communications credit card.
Introduction is as follows:
1, BOC credit card
China Bank Credit Card is an international standard credit card, with one card and two currencies, which is universal. No prepayment is required. You can spend easily at home and abroad with your card within the limit, and enjoy an interest-free loan for up to 50 days. China Bank has overseas branches in 20 countries and regions around the world.
China Bank Credit Card does not require a guarantor, deposit or cash deposit. To apply for a bank credit card in China, you only need to fill in the China Bank Credit Card Application Form, and attach copies of identity documents, permanent residence certificates and financial documents.
2. China Industrial and Commercial Bank Credit Card
China Industrial and Commercial Bank Credit Card is the most widely issued credit card in China. At present, the main types of ICBC credit cards are: Peony International Credit Card, Peony Credit Card and Peony Credit Card; ICBC credit cards are divided into: Peony Visa Card, Peony MasterCard and Peony American Express Card by brand; According to the credit rating, it is divided into: platinum card, gold card and ordinary card; According to the card issuing pair, it is divided into business card and personal card, and personal card is divided into main card and auxiliary card.
3. CCB Credit Card
CCB Credit Card is a credit card issued by China Construction Bank. Credit cards issued by China Construction Bank are all called "Dragon Cards", including exclusive cards, business cards and car cards.
4. Bank of Communications Credit Card
Bank of Communications Credit Card is a credit brand product jointly launched by Bank of Communications and HSBC. Its user positioning is "a group of people who have ideals, pursuits, know how to enjoy, and are more willing to fight for their lives and careers." Sometimes some people need to go abroad to study, do business, study or travel.
Bank of Communications credit cards are also a group of people with high living standards, and they are willing to try new consumption habits. Bank of Communications Pacific Credit Card is a credit card product launched by Bank of Communications on the basis of introducing advanced technology and management from HSBC. It combines global and local advantages, takes "China Global Card" as its main purpose, advocates new consumption culture and card experience, and provides preferential and caring services on a global scale.
5. Agricultural Bank Credit Card
Jinsui Credit Card is based on creating a new life experience for cardholders and is committed to becoming the most trusted credit card brand for cardholders. With innovation as the main line, Jinsui Credit Card has successively launched a series of products such as standard cards, business cards, platinum cards, various regional co-branded cards and special cards according to different customer groups, leading the needs of different customer groups.
In addition to providing a series of intimate services such as increasing the temporary limit at any time, self-service activation, 24-hour free customer service hotline, zero card loss risk, timely notification by SMS, choice of consumption password, emergency assistance, and various repayment methods, it also combines the advantages of outlets and networks all over urban and rural areas to form a powerful functional advantage.